Property main details

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Home For Sale

  • Sold For $460,000
  • House

Specifications

  • Property Type
    House
  • Building
    113.6 m2

SOLD BY DANIEL KELLY

Looking for a freehold investment as part of your superannuation fund strategy, or simply to secure a better return than having money in the bank? This is for you!

Located in Yamba's well-known restaurant precinct with a secure, long term tenant in place, this investment opportunity is one that is not only offered at an affordable price, but also offers a nett return of over 6% p.a. Be very quick to act here!

• Excellent freehold investment in prime location
• Well-established long term tenant in place
• Current lease through to July 2022 with option to renew to 2025
• Annual rent of $29,341.61 nett
• Lease provides for annual increases including CPI + 1% & market reviews
• Substantial inventory of plant & equipment included in sale
• Strong long-term investment in Yamba's main restaurant precinct
• Nett return of 6.3% on offer - better than money in the bank!

Get in touch

We'd love to hear from you

If you're interested in looking at properties around the area, or want the latest information on the market in your neighbourhood, we'd love to hear from you. 

2/14-15 Clarence Street Yamba 2464, New South Wales
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